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Nicholasville, KY

Full City Profile · Kentucky · Jessamine County County

3.3 /5.0
B Good
31,625 Population 2,079/sq mi density
$67,514 Median Income $31,320 per capita
$210,700 Home Value $318,658 Zillow
$996 Median Rent 27.7% income on rent
57°F Avg Temperature 305 sunny days/yr
151 Violent Crime/100K 2,430 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$67,514 median income, 2.1% unemployment
A+
Affordability
4.9 / 5.0
$210,700 home value, $996/mo rent
F
Safety
1.0 / 5.0
151 violent crimes/100K
B
Education
3.2 / 5.0
27.0% bachelor's degree or higher

Housing Overview

Median Home Value
$210,700
25% below
US avg: $281,900
Median Rent
$996/mo
14% below
US avg: $1,163/mo
Homeownership Rate
62.8%
4% below US avg (65.4%)
Total Housing Units
12,343
Median year built: 1990

Home Value by Source

Census Median
$210,700
Zillow (ZHVI)
$318,658
Median Sale Price
$334,900
Median List Price
$365,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.8%
Owner-Occupied
37.2%
Renter-Occupied
63%
37%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo
Census median rent: $996/mo · Zillow rent: $1,438/mo

Market Indicators (Redfin)

Median Days on Market
96 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
33
Price Drops
12.3%
of listings with price reduction
Price Per Sq Ft
$184
Active Inventory
114
homes for sale

Affordability & Housing Stock

Rent Burden
27.7%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
62.8%

Complete Housing Data

Home Values

Census Median Value$210,700
Zillow Home Value (ZHVI)$318,658
Median Sale Price$334,900
Median List Price$365,000
Price Per Sq Ft$184

Rent

Census Median Rent$996
Zillow Rent (ZORI)$1,438
FMR Studio$719
FMR 1-Bedroom$794
FMR 2-Bedroom$984
FMR 3-Bedroom$1,277
FMR 4-Bedroom$1,442

Market

Days on Market96
Sale-to-List Ratio1.0%
Price Drops12.3%
Homes Sold33
Active Inventory114
Price Per Sq Ft$184

Ownership & Stock

Owner-Occupied62.8%
Renter-Occupied37.2%
Homeownership Rate62.8%
Total Housing Units12,343
Median Year Built1990
Rent Burden27.7%